Polypropylene Market to Reflect Impressive Growth Rate by 2026

1. Polypropylene Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2023 ©2019 Transparency Market Research, All Rights Reserved

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3. Global Polypropylene Market: Snapshot Owing to the different advantages that polypropylene provides like low sealing, and high impact resistance, the global polypropylene market is estimated to witness remarkable growth in the years to come. Polypropylene may be formed readily by catalytic polymerization and is therefore a thermoplastic polymer. Raw materials availability is a major factor required for the production of polypropylene and the availability of such raw materials is again dependent on the reserves of natural gas and crude oil. Polypropylene is used for various purposes like medical industries, construction, automobile, and packaging industry as well. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

4. Construction Industry to Generate Significant Demand in the Global Propylene Market over the Forecast Period •  it is significant to note here that construction volumes are all set to increase in the next 10 years, as per a study called Construction 2030, powered by PwC. • It states that a 85% increase in volumes of construction are expected, which will lead to an increase in market worth , which will be pegged at a USD 15.5 trillion. • India, China, and the United States of America, will lead this growth chart, carving out a 57% share from the overall growth. •  As per a study, about 2 billion people would be added to global population by the end of the year of 2050.  REQUEST FOR COVID19 IMPACT ANALYSIS

5. Packaging Sector to Offer Lucrative Growth Opportunities in Polypropylene Market The global polypropylene market is categorized on the basis of end users. With respect to end user segment, the market is categorized into construction, electrical and electronic, consumer product, packaging, and automotive industries. Among these, the polypropylene market is seen to be drawing more revenue shares from packaging sector since it has use in various other industries like that of food and beverage packaging. This is because it provides several benefits like low sealing threshold, high impact resistance, good optical property and flexibility. ©2019 Transparency Market Research, All Rights Reserved

6. Major companies of the global polypropylene market  LyondellBasell Industries N.V Reliance Industries Limited INEOS Group Holdings BASF SE Borealis AG. ©2019 Transparency Market Research, All Rights Reserved

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